Latest News
The latest energy, maritime and bunker industry news worldwide.
Latest News
The latest energy, maritime and bunker industry news worldwide.
Keeping You Informed
Ship Recycling Retains Strength
The ship recycling market has retained its overall strength, on the back of strong buying sentiment. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships
BIMCO: Supply Pressure Is Mounting In The Container Shipping Market
“Disruptions and strong growth in head-haul trades continue to support the container shipping market in 2026, but accelerating fleet growth could weaken the supply/demand balance in 2027,” says Niels Rasmussen,
Deciphering the dirty tanker record rally
In order to decipher this historic level of freight rates we will focus on the drivers in three different parts: 1 – Cargo supply and demand This is the perspective
Ships Turning Into Hot Commodities
A lack of available tonnage is pushing ship prices higher, with demand still growing. In its latest weekly report, shipbroker Banchero Costa said that “newbuilding orders continued to flow this
Seafarer welfare is improving amongst leading companies, but five years of evidence shows this progress is far from the norm
Five years after the launch of the Delivering on Seafarers’ Rights Code of Conduct, a growing number of shipping companies are demonstrating real change in seafarer welfare. However, across the
Grain in Focus – US Soybean Sailings to China Recover Through September
US soybean sailings to China recovered in September, following the subdued activity discussed in our Week 32 spotlight. At that stage, stronger forward purchases had yet to be matched by
Tankers: Is an Oil Shortage Already Underway?
With rates for tankers skyrocketing and the first signs of shortages in various parts of the world, it’s obvious that pressures are mounting from the Hormuz closure. In its latest
China thermal coal import outlook and Indonesian supply assumptions
China’s coal import outlook spans softer buying through broadly sustained recent arrivals, but the effect on shipping will depend on which vessels carry the coal and where it is loaded.
Marine insurance supply remains stable as geopolitical and technical changes reshape the market, says IUMI President
The global marine insurance market remains in a stable position, with premium growth strongly supported by a weak USD in hull and cargo. Meanwhile the sector is entering a period